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CHEMPLAST SANMAR LTD
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30% upside potential in CHEMPLASTS

Oleh Manabala
As the chemical industry experiences a resurgence, CHEMPLASTS has emerged as a stock garnering significant attention from mutual funds. Non-institutional holdings have decreased from 10.93% to 6.48%, while the stock has shown relatively modest returns. Currently, a Cup with Handle (CWH) pattern is taking shape, with its neckline undergoing testing. This stage suggests a potential 30% upside from the current position.
Fundamental AnalysisTrend Analysis
Manabala

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